Rumour: Social Media Dashboard Hootsuite Close To Acquiring Seesmic

As we already alluded to earlier today, Ryan Holmes, CEO of social media dashboard company HooteSuite has some big aspirations for his startup.  They have continued to grow and integrate numerous social media, lock up strategic advertising partnership, and secured a huge funding deal. So what could be next for HootSuite? Well based on some rumours, they are in the process of acquiring competitor Seesmic.

The move would make a lot of sense, and definitely show that HootSuite is not here to play, but instead to dominate their segment of the industry.  It has also been interesting to follow the path that Seesmic’s Founder Founded Loic Le Meur has taken as he first launched the business in Europe but then moved down to Silicon Valley.  So maybe you don’t need the valley to succeed!